Farm in Addison

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Farm and other commercial real estate assets across
the U.S. Reonomy includes over 47 million commercial real
estate properties, each property features sales, debt, tax and
ownership data. Reonomy attracts a large community of Addison
commercial real estate professionals. Members from Addison include
brokers, investors and service providers, many of whom specialize in
Addison Farm.

Addison farm sold prices and values

The average assessed value of farms in Addison is
$25,401.
Farm sale prices in Addison have a median of
$187,500.
The last 24 months of sales history has seen
3 sales, with
0 sales greater than $250,000,
0 sales valued at over $1,000,000, and
0 sales valued at over $10,000,000.

Values and sold prices (last 24 months)

United States

Illinois

Addison

Average price/sqft

$295

$217

--

Median price/sqft

$97

$96

--

Average sold price

$920,964

$772,248

$245,333

Median sold price

$196,632

$225,581

$187,500

Number of sales

249,482

10,592

3

Number of sales over $250k

106,949

4,990

--

Number of sales over $1m

27,836

1,297

--

Number of sales over $10m

2,979

152

--

Average total tax amount

$2,466

$2,488

$1,931

Average assessed value

$128,666

$31,449

$25,401

Average market value

$192,512

$85,772

$75,859

Addison farm property averages

The average lot size of farms in Addison is
348,480 sf.
This is
120% below
the Illinois average.

Property averages

United States

Illinois

Addison

Average lot size

2,910,953 sf

1,910,171 sf

703,094 sf

Median lot size

1,472,484 sf

1,399,108 sf

348,480 sf

Average building area

274 sf

158 sf

3 sf

Median building area

64 sf

70 sf

3 sf

Median year built

1976

1970

1984

Average number of units

2

9

--

Median number of units

--

--

--

Addison farm total supply

There are 21 farms in Addison. This is
199% below
the Illinois average.
The total acerage is 209 acres and the aggregate building area for
farms in Addison is 3 sf.

Supply

United States

Illinois

Addison

Number of parcels

7,551,634

346,744

21

Aggregate lot acerage

248,023,499

5,933,897

209

Aggregate building area

135,270,816 sf

1,292,006 sf

3 sf

Aggregate units

367,280

6,257

--

Addison farm industrial mortgages

There are 19 mortgages for farms across Addison in the Reonomy database.
The average value of those mortgages is $1,431,948.
This is
113% below
the Illinois average.